Appraising Digital Real Estate: The World of Lunacia

You thought Axie was just a battle pet game? Think again. Soon Axie will be getting a whole new layer of playability in the form of a virtual world named Lunacia. Similar to how Axies belong to different classes, the world of Lunacia will be made up of several different types of Land, varying in rarity and utility. Some are close to roads, which improve travel speed, while others are near resources, enabling their extraction. At the heart of the world lies Luna’s Landing, where many major events and battles will take place. In Lunacia, you’ll be able to build a home for your Axies, form guilds, build structures, battle Chimera, gather resources, access dungeons, and so much more. 

For all of the opportunity and fun that Lunacia represents, few understand how to evaluate the Land market. In this report, we aim to demystify it. We’ll start by covering recent trends in the marketplace. Then we’ll discuss what attributes make certain plots of Land more valuable than others. Finally, we’ll conclude with analysis on the current Mystic Land market.

Land activity and speculation have steadily been on the rise since May, benefiting from the recent virality and overall growth of the Axie ecosystem. This is evident when assessing the rising floor price, as seen in